The latest report of the Federal Account Allocation Committee, FAAC, released by the National Bureau of Statistics, NBS, said 11 states lost a huge part of their August 2017 allocation to deductions.
The 11 states lost more than N1 billion from their allocations, with Lagos being the worst hit.
Lagos got a gross allocation of N9.52 billion and lost N2.80 billion to deductions. Osun got a gross allocation of N3,06 billion and lost N2.41 billion to deductions, to have a net allocation of N650 million.
Delta also got a gross allocation of N10.50 billion and lost N2.45 billion to deductions, to have a net allocation of N8.05 billion.
States which lost more than N1 billion to deductions were Zamfara, Rivers, Plateau, Ondo, Ogun, Cross Rivers, Ekiti and Jigawa.
The NBS report said overall about N467.85 billion was distributed among the three tiers of government in August. This comprised N387.32 billion from the statutory account and N80.53 billion from valued added tax, VAT.
“Federal Government received a total of N193.05 billion from the N467.85billion shared. States received a total of N130.69 billion and local governments received N98.01billion. The sum of N31.59 billion was shared among the oil producing states as 13 per cent derivation fund,” the report stated.